Hi, so this is the list of charges shown on an MCX contract note sent by Fyers. I have a few doubt here.
1. What are these CM Charges and Transaction charge here?
The brokerage calculator on Fyers, lists Brokerage, Transaction Charges, CTT, SEBI, Stamp Duty and GST. What are these CM Charges? If it is transaction charge, then why is transaction charge once again levied separately?
***IGST(18% of 606.65) (Rs.) -109.20
BROKERAGE -360.00
CMCHARGES1 -123.20
CTT -62.00
SEBITOC -0.25
STAMP DUTY -3.66
TRANSACTION CHARGE -123.20